Purpose : For business development / expansion of business.
Eligible customers can get a high loan amount up to Rs. 20 lakhs at affordable interest rates.
Our Customer :
- Occupation : Self Employed (Skilled Professionals / Non professionals ) | Small business owners | Dairy Farms / any Agri allied business activity | Transport Operators | Small scale Hotel business , etc. Salary : 300000 upwards per annum
- Interest rate starts from 17.5% pa
WHAT and HOW WE ASSESS ??
||TYPE OF EMPLOYMENT / EMPLOYER || || STABILITY OF INCOME || |
Branch and Credit team - verification of - business process, supplier details, P and L , cash flows and Finances. |
|---|---|
| || NET INCOME || | Bank statement verification | Verification of monthly commitments and Lifestyle. Non traditional modes of Income verification and financials obligations. |
Interest rates : 16.5% onwards ( Fixed interest rate )
Insurance / Customer Safety
“For the safety of our customers, we encourage to insure their property mortgaged and life to overcome any unfortunate event during the re-payment term of the loan. We work with prominent insurance companies to provide need based Life & Non-life insurance solutions.
